All News

S&B MARKET SURVEY: Bunker Demand at Key Hubs Down 6% in 2020

Bunker demand in Q4 lost 8.1%. "What comes immediately to mind is that it could all have been a lot worse," says BLUE Insight's Tolson.

15 Mar 2021

Fujairah Bunker Market Tightens on Refinery Outage

Prices for VLSFO delivered at Fujairah have been rising more quickly than at competing ports as a result.

15 Mar 2021

Malaysia's Straits Inter Logistics Saw Bunkering Profit Halve in 2020

The company reported oil trading and bunkering profit of $7.612 million for 2020.

15 Mar 2021

Oil Dips, But Full Steam Ahead For 2021 Demand Rebound, Say Analysts

Meanwhile, production restraint means massive inventory drainage in Bahamas.

12 Mar 2021

Repsol Offers Carbon Offsets for LNG Bunker Operation

"This is a further step towards the goal of becoming a zero net emissions company by 2050."

12 Mar 2021

Maersk Plans to Blend Lignin With Methanol to Increase Energy Density

Methanol's lower energy density than conventional bunkers is a significant disadvantage of the fuel, meaning that much higher quantities are needed for the same propulsion effect.

12 Mar 2021

Marshall Islands, Solomon Islands Seek $100/mt Global Carbon Price for Shipping

The proposal has been submitted to the International Maritime Organization.

12 Mar 2021

Japanese Firms Seek to Develop Ammonia Bunker Supply Chain

Itochu Corporation, Ube Industries and Uyeno Transtech will work together on the project.

12 Mar 2021

BUNKER JOBS: ICS Seeks Technical Director to Tackle Shipping Decarbonisation

The organisation is seeking qualified naval architects, marine and mechanical engineers with chartered engineer status, or equivalent.

12 Mar 2021

Inter-Pacific Petroleum Judicial Managers File Winding-Up Application

A hearing for the application is scheduled at Singapore's High Court on March 25.

12 Mar 2021

Exmar Wins Approval for Ammonia-Fuelled Gas Carrier Plans

The ship will have a cargo capacity of 40,000 m3, and was designed by Jiangnan Shipyard.

12 Mar 2021

Isle of Man Registry Backs LPG Bunkers

"It's not a perfect solution but it's a bridging solution."

12 Mar 2021

GAC Group Joins Getting to Zero Coalition

GAC plans to upgrade its fleet to cut emissions.

12 Mar 2021

Oil Back On Track As OPEC Predicts Second Half Consumption Surge

Kemp says U.S. crude output must increase to combat depletion.

11 Mar 2021

Weekly Vessel Scrapping Report: 2021 Week 10

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 4 – March 10 2021.

11 Mar 2021

Eight Countries Now Back Shipping Industry's Decarbonisation Bunker Levy Proposal

Georgia, Greece, Japan, Liberia, Malta, Nigeria, Singapore and Switzerland all now support the measure.

11 Mar 2021

Shell Takes on Ten New Gas-Powered Tankers

Four of the ten VLCCs have been chartered from Advantage Tankers, three from AET and the remaining three from International Seaways.

11 Mar 2021

Minerva Bunkering Offers Carbon Offsets to Marine Fuel Buyers

The new offering will involve Minerva using verified carbon offset certificates equivalent to the emissions value of the bunker fuel being bought.

11 Mar 2021

Platts Changes Course on Change to Dated Brent Crude Benchmark

The company had previously announced plans to convert the benchmark into an assessment of crude deliveries in Rotterdam from June 2022, including US crude grade WTI.

11 Mar 2021

MR Tanker Arrested in Singapore

The ship had last called at Ho Chi Minh City in Vietnam.

11 Mar 2021